Learning Center
Last Updated: Posted on: January 23, 2024
Jerry Green here, back with another nugget of wisdom to help you ace that acquisition game.
This blog post will dive into the critical heart of the matter: the sales process. We will break it down into a powerful two-phase tango that'll have you waltzing your way to closed deals in no time.
When running your real estate investing business, the importance of following a sales process cannot be stressed enough.
Let's discuss how to create that sales process and follow it.
Imagine a skyscraper. Before that steel kisses the sky, you need a rock-solid foundation, right? In real estate, building trust is your foundation. This is where you connect with the seller, understand their story, and uncover their "why." Why are they selling? What are their fears, concerns, and hopes? Become their confidante, not just another deal-hungry shark.
Key Ingredients:
If you've built a solid foundation of trust and understanding, it's time to take the plunge into the specifics. This is where most people jump the gun, but remember, a deep dive only makes sense if the potential is there.
Think of it like this: Phase 1 is qualifying. Make sure the seller and the property are worth your time. Phase 2 is converting. Turn that initial spark into a closed deal that benefits everyone involved.
By embracing this two-phased approach, you'll save yourself countless hours, avoid dead-end leads, and ultimately unlock the magic of successful real estate acquisitions. Trust is the foundation, and deep dives are only for warm waters!
Let's all keep building empires, one deal at a time.
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